UK - State Street Global Advisor's (SSgA) European equity long-short market neutral strategy has celebrated its first anniversary with a solid 12 month return achieving out-performance of the cash benchmark in line with expectations.
The strategy achieved a return of 9.9% to June 30, 2001. The three-month Euribor benchmark return in the same period was 4.9%. SSgA said its results can be attributed to its model-based market neu...
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